The remote work software provider received $300m in a round led by SoftBank Vision Fund 2 valuing it at almost $3bn.

Internet and telecommunications group SoftBank’s Vision Fund 2 led a $300m series C round yesterday for Remote, a US-based provider of remote work management tools.

The round was filled out by Accel, Sequoia Capital, Index Ventures, General Catalyst, Gaingels and Two Sigma Ventures at a valuation of nearly $3bn.

Founded in 2019, Remote provides businesses with software tools to manage payroll, benefits and onboarding of employees in other countries. The series C capital will be put toward expanding its product…

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Fernando Moncada Rivera

Fernando Moncada Rivera is a reporter at Global Corporate Venturing and also host of the CVC Unplugged podcast.